CapitalMark Bank & Trust was once again awarded a five-star rating from independent rating and research firm BauerFinancial.
The firm measures banks based on capital, asset quality, profitability and additional metrics that assess the strength, profitability and soundness of banks. Five-star ratings are only awarded to banks that are considered to be the strongest in the nation.
"We are pleased to note that this quarter marks our ninth consecutive five-star rating since opening our doors in 2007,” Banking Group President Kenny Dyer said. “CapitalMark's experienced banker teams have proven to be high performers as they remain focused on delivering personalized products and services to clients through a streamlined banking experience. We continue to expect strong future results as we are poised for growth."
In 2012, CapitalMark opened full-service offices in two new Tennessee markets — Cleveland and Oak Ridge — and completed a capital raise. Thus far in 2013, CapitalMark has added two new teams to its Knoxville full-service office to deliver specialized banking products to enterprising businesses and individuals of the Knoxville community.
BauerFinancial Inc., based in Coral Gables, Florida, is an independent bank and credit union rating and research firm that has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays BauerFinancial to rate it, nor can any choose to be excluded.
CapitalMark Bank & Trust is a full-service commercial bank with four private client offices throughout East Tennessee to include Chattanooga, Cleveland, Knoxville and Oak Ridge. CapitalMark's banker teams serve the needs of privately owned businesses, their owners and managers, as well as professionals, executives and their families. Services offered include mortgage and trust and wealth management.
For more information about the bank, visit www.capitalmark.com.